Share Price and Basic Stock Data
Last Updated: December 13, 2025, 7:37 am
| PEG Ratio | 0.66 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
CEAT Ltd operates in the competitive tyre and tubes industry, a sector that is vital to the automotive and transportation ecosystem in India. As of the latest reporting period, CEAT’s stock was priced at ₹3,833, reflecting a market capitalization of ₹15,505 Cr. The company has shown a commendable growth trajectory in its revenue, which has steadily risen from ₹9,363 Cr in FY 2022 to ₹11,315 Cr in FY 2023, and further to ₹11,943 Cr for FY 2024. This ascent is crucial, especially considering the overall demand for tyres is closely tied to vehicle sales and infrastructure development in India. Quarterly sales figures reveal a consistent upward trend, with ₹3,305 Cr recorded in September 2024, indicating a robust demand environment. However, while revenues are growing, the company must continue to navigate fluctuations in raw material costs and competitive pressures that could impact future growth.
Profitability and Efficiency Metrics
Profitability remains a key focus for CEAT, and the company has reported a net profit of ₹429 Cr for the trailing twelve months, underscoring its ability to maintain positive margins. The operating profit margin (OPM) stood at 11% for FY 2025, a slight decline from previous periods, suggesting some challenges in cost management or pricing power. However, the operating profit has shown resilience, with a recorded ₹1,475 Cr in FY 2025, indicating effective operational control despite rising expenses. Additionally, the return on equity (ROE) at 11.8% and a return on capital employed (ROCE) of 15.4% reflect a reasonable efficiency in utilizing shareholders’ funds and capital. These metrics are critical for investors, as they demonstrate the company’s capacity to generate returns, even amidst a challenging economic landscape.
Balance Sheet Strength and Financial Ratios
CEAT’s balance sheet presents a mixed picture, with total borrowings reported at ₹3,114 Cr, which suggests a moderate level of leverage. The debt-to-equity ratio stands at 0.44, indicating a balanced approach to financing growth. The interest coverage ratio, which is a healthy 5.37, shows that the company can comfortably meet its interest obligations, a reassuring sign for investors. On the asset side, total assets have increased to ₹11,212 Cr, reflecting ongoing investments in fixed assets and working capital. However, the current ratio of 0.66 suggests potential liquidity concerns, as it is below the ideal threshold of 1. This could pose risks if the company faces sudden financial pressures or needs to cover short-term liabilities. Overall, while CEAT’s balance sheet is generally robust, it needs to maintain prudent financial management to mitigate risks associated with its debt levels.
Shareholding Pattern and Investor Confidence
The shareholding pattern of CEAT Ltd indicates a stable ownership structure, with promoters holding 47.21% of the equity, which suggests a strong commitment to the company’s long-term vision. Institutional investors have a notable presence, with foreign institutional investors (FIIs) at 16.21% and domestic institutional investors (DIIs) at 21.05%. This diverse ownership base can enhance market confidence in CEAT’s operational strategies and governance. However, the gradual decline in FII holdings from a peak of 26.20% in June 2023 to the current level may raise eyebrows about investor sentiment. The total number of shareholders has also fluctuated, with 1,36,233 current shareholders, reflecting growing retail interest. This broad base can be a double-edged sword; while it indicates confidence, it also means that any negative news could lead to significant volatility in the stock price.
Outlook, Risks, and Final Insight
Looking ahead, CEAT faces a mixed bag of opportunities and challenges. The ongoing demand for tyres, driven by the automotive sector’s growth, presents a favorable backdrop. However, risks such as fluctuating raw material prices, potential supply chain disruptions, and increasing competition from both domestic and international players could impact profitability. The company must also navigate the macroeconomic landscape, which could see interest rates rising, affecting borrowing costs and consumer spending. Investors should weigh these factors carefully. While CEAT’s strong operational performance and solid market position are commendable, vigilance is necessary regarding external pressures that could affect future earnings. Ultimately, CEAT’s ability to adapt to these challenges while capitalizing on growth opportunities will be crucial for maintaining investor confidence and delivering shareholder value.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 1,968 Cr. | 853 | 1,071/806 | 47.4 | 249 | 2.80 % | 13.0 % | 9.31 % | 10.0 |
| TVS Srichakra Ltd | 3,277 Cr. | 4,278 | 4,788/2,430 | 134 | 1,508 | 0.39 % | 5.36 % | 2.35 % | 10.0 |
| JK Tyre & Industries Ltd | 12,468 Cr. | 455 | 477/232 | 22.8 | 191 | 0.66 % | 12.8 % | 11.1 % | 2.00 |
| CEAT Ltd | 15,090 Cr. | 3,730 | 4,438/2,322 | 28.8 | 1,130 | 0.80 % | 15.4 % | 11.8 % | 10.0 |
| Balkrishna Industries Ltd | 45,410 Cr. | 2,349 | 2,930/2,152 | 32.9 | 540 | 0.68 % | 16.7 % | 15.8 % | 2.00 |
| Industry Average | 18,433.83 Cr | 2,029.17 | 48.43 | 643.83 | 1.05% | 12.44% | 9.83% | 5.83 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,818 | 2,894 | 2,727 | 2,875 | 2,935 | 3,053 | 2,963 | 2,992 | 3,193 | 3,305 | 3,300 | 3,421 | 3,529 |
| Expenses | 2,653 | 2,691 | 2,490 | 2,507 | 2,548 | 2,597 | 2,546 | 2,600 | 2,810 | 2,942 | 2,959 | 3,033 | 3,142 |
| Operating Profit | 165 | 203 | 238 | 368 | 387 | 456 | 418 | 392 | 383 | 362 | 341 | 388 | 388 |
| OPM % | 6% | 7% | 9% | 13% | 13% | 15% | 14% | 13% | 12% | 11% | 10% | 11% | 11% |
| Other Income | 2 | -14 | 2 | -6 | 3 | 10 | 3 | -55 | 14 | 3 | 3 | -33 | 1 |
| Interest | 52 | 58 | 66 | 67 | 70 | 72 | 66 | 62 | 62 | 66 | 75 | 74 | 82 |
| Depreciation | 111 | 115 | 117 | 125 | 121 | 124 | 127 | 136 | 132 | 137 | 141 | 152 | 151 |
| Profit before tax | 4 | 16 | 56 | 170 | 199 | 270 | 228 | 139 | 203 | 162 | 128 | 129 | 156 |
| Tax % | 31% | 65% | 27% | 27% | 27% | 25% | 24% | 33% | 27% | 29% | 28% | 28% | 27% |
| Net Profit | 9 | 6 | 35 | 132 | 144 | 208 | 181 | 102 | 154 | 121 | 97 | 99 | 112 |
| EPS in Rs | 2.29 | 1.94 | 8.75 | 33.05 | 35.75 | 51.42 | 44.87 | 26.84 | 38.11 | 30.13 | 24.01 | 24.60 | 27.80 |
Last Updated: August 1, 2025, 10:55 pm
Below is a detailed analysis of the quarterly data for CEAT Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 3,529.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,421.00 Cr. (Mar 2025) to 3,529.00 Cr., marking an increase of 108.00 Cr..
- For Expenses, as of Jun 2025, the value is 3,142.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,033.00 Cr. (Mar 2025) to 3,142.00 Cr., marking an increase of 109.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 388.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 388.00 Cr..
- For OPM %, as of Jun 2025, the value is 11.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 11.00%.
- For Other Income, as of Jun 2025, the value is 1.00 Cr.. The value appears strong and on an upward trend. It has increased from -33.00 Cr. (Mar 2025) to 1.00 Cr., marking an increase of 34.00 Cr..
- For Interest, as of Jun 2025, the value is 82.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 74.00 Cr. (Mar 2025) to 82.00 Cr., marking an increase of 8.00 Cr..
- For Depreciation, as of Jun 2025, the value is 151.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 152.00 Cr. (Mar 2025) to 151.00 Cr., marking a decrease of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 156.00 Cr.. The value appears strong and on an upward trend. It has increased from 129.00 Cr. (Mar 2025) to 156.00 Cr., marking an increase of 27.00 Cr..
- For Tax %, as of Jun 2025, the value is 27.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Mar 2025) to 27.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 112.00 Cr.. The value appears strong and on an upward trend. It has increased from 99.00 Cr. (Mar 2025) to 112.00 Cr., marking an increase of 13.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 27.80. The value appears strong and on an upward trend. It has increased from 24.60 (Mar 2025) to 27.80, marking an increase of 3.20.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:32 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,464 | 5,705 | 5,484 | 5,766 | 6,282 | 6,985 | 6,779 | 7,610 | 9,363 | 11,315 | 11,943 | 13,218 | 13,554 |
| Expenses | 4,790 | 5,013 | 4,694 | 5,096 | 5,652 | 6,332 | 6,052 | 6,617 | 8,640 | 10,341 | 10,291 | 11,742 | 12,075 |
| Operating Profit | 673 | 692 | 789 | 670 | 630 | 652 | 727 | 993 | 724 | 974 | 1,653 | 1,475 | 1,479 |
| OPM % | 12% | 12% | 14% | 12% | 10% | 9% | 11% | 13% | 8% | 9% | 14% | 11% | 11% |
| Other Income | 3 | 16 | 7 | 28 | 9 | 10 | 8 | 10 | 17 | -8 | -18 | 8 | -24 |
| Interest | 187 | 142 | 101 | 90 | 104 | 93 | 154 | 179 | 210 | 242 | 269 | 278 | 298 |
| Depreciation | 87 | 93 | 108 | 143 | 169 | 193 | 277 | 340 | 435 | 469 | 509 | 563 | 582 |
| Profit before tax | 403 | 472 | 587 | 466 | 367 | 376 | 304 | 484 | 95 | 254 | 857 | 643 | 574 |
| Tax % | 33% | 33% | 32% | 23% | 36% | 33% | 24% | 11% | 26% | 28% | 26% | 27% | |
| Net Profit | 271 | 314 | 436 | 359 | 233 | 251 | 230 | 432 | 71 | 182 | 635 | 471 | 429 |
| EPS in Rs | 75.44 | 78.41 | 108.17 | 89.28 | 58.83 | 62.35 | 57.17 | 106.81 | 17.60 | 46.02 | 158.87 | 116.85 | 106.54 |
| Dividend Payout % | 13% | 13% | 11% | 13% | 20% | 19% | 21% | 17% | 17% | 26% | 19% | 3% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 15.87% | 38.85% | -17.66% | -35.10% | 7.73% | -8.37% | 87.83% | -83.56% | 156.34% | 248.90% | -25.83% |
| Change in YoY Net Profit Growth (%) | 0.00% | 22.99% | -56.51% | -17.44% | 42.82% | -16.09% | 96.19% | -171.39% | 239.90% | 92.56% | -274.73% |
CEAT Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 15% |
| 3 Years: | 79% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 31% |
| 3 Years: | 34% |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 1:40 am
Balance Sheet
Last Updated: December 4, 2025, 1:05 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 993 | 1,642 | 2,014 | 2,374 | 2,566 | 2,726 | 2,867 | 3,276 | 3,232 | 3,399 | 4,002 | 4,328 | 4,532 |
| Borrowings | 1,174 | 775 | 663 | 924 | 872 | 1,498 | 2,035 | 1,533 | 2,229 | 2,295 | 1,792 | 2,136 | 3,114 |
| Other Liabilities | 1,338 | 1,365 | 1,390 | 1,578 | 1,669 | 2,140 | 2,423 | 3,284 | 3,658 | 3,891 | 4,160 | 4,707 | 5,416 |
| Total Liabilities | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 | 13,102 |
| Fixed Assets | 1,565 | 1,581 | 2,032 | 2,453 | 2,709 | 3,180 | 4,160 | 4,763 | 5,329 | 6,096 | 6,271 | 6,984 | 8,194 |
| CWIP | 82 | 229 | 299 | 326 | 310 | 833 | 1,069 | 793 | 876 | 596 | 684 | 538 | 536 |
| Investments | 0 | 312 | 195 | 232 | 214 | 181 | 184 | 210 | 179 | 170 | 182 | 190 | 176 |
| Other Assets | 1,893 | 1,700 | 1,581 | 1,907 | 1,914 | 2,210 | 1,954 | 2,367 | 2,775 | 2,765 | 2,858 | 3,501 | 4,196 |
| Total Assets | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 | 13,102 |
Below is a detailed analysis of the balance sheet data for CEAT Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 40.00 Cr..
- For Reserves, as of Sep 2025, the value is 4,532.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,328.00 Cr. (Mar 2025) to 4,532.00 Cr., marking an increase of 204.00 Cr..
- For Borrowings, as of Sep 2025, the value is 3,114.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 2,136.00 Cr. (Mar 2025) to 3,114.00 Cr., marking an increase of 978.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 5,416.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,707.00 Cr. (Mar 2025) to 5,416.00 Cr., marking an increase of 709.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 13,102.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,212.00 Cr. (Mar 2025) to 13,102.00 Cr., marking an increase of 1,890.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 8,194.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,984.00 Cr. (Mar 2025) to 8,194.00 Cr., marking an increase of 1,210.00 Cr..
- For CWIP, as of Sep 2025, the value is 536.00 Cr.. The value appears to be declining and may need further review. It has decreased from 538.00 Cr. (Mar 2025) to 536.00 Cr., marking a decrease of 2.00 Cr..
- For Investments, as of Sep 2025, the value is 176.00 Cr.. The value appears to be declining and may need further review. It has decreased from 190.00 Cr. (Mar 2025) to 176.00 Cr., marking a decrease of 14.00 Cr..
- For Other Assets, as of Sep 2025, the value is 4,196.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,501.00 Cr. (Mar 2025) to 4,196.00 Cr., marking an increase of 695.00 Cr..
- For Total Assets, as of Sep 2025, the value is 13,102.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,212.00 Cr. (Mar 2025) to 13,102.00 Cr., marking an increase of 1,890.00 Cr..
Notably, the Reserves (4,532.00 Cr.) exceed the Borrowings (3,114.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 672.00 | -83.00 | 126.00 | -254.00 | -242.00 | 651.00 | 725.00 | 992.00 | 722.00 | 972.00 | 0.00 | -1.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 45 | 40 | 39 | 43 | 37 | 36 | 44 | 45 | 42 | 39 | 46 |
| Inventory Days | 77 | 70 | 76 | 101 | 75 | 88 | 88 | 97 | 79 | 56 | 61 | 63 |
| Days Payable | 71 | 68 | 75 | 81 | 83 | 92 | 111 | 157 | 131 | 112 | 123 | 122 |
| Cash Conversion Cycle | 57 | 47 | 40 | 59 | 35 | 33 | 12 | -16 | -6 | -14 | -23 | -13 |
| Working Capital Days | -19 | -7 | 11 | 21 | -9 | -11 | -27 | -41 | -41 | -49 | -51 | -49 |
| ROCE % | 30% | 26% | 27% | 19% | 15% | 13% | 10% | 14% | 6% | 9% | 20% | 15% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Mirae Asset Large & Midcap Fund | 1,521,556 | 1.43 | 613.6 | 1,546,268 | 2025-12-08 05:14:22 | -1.6% |
| Mirae Asset ELSS Tax Saver Fund | 1,134,597 | 1.69 | 457.55 | 844,258 | 2025-12-08 05:06:49 | 34.39% |
| HDFC Mid Cap Fund | 912,978 | 0.41 | 368.18 | N/A | N/A | N/A |
| Mirae Asset Midcap Fund | 865,687 | 1.93 | 349.11 | 875,363 | 2025-12-07 07:53:20 | -1.11% |
| Tata Value Fund | 439,018 | 1.99 | 177.04 | N/A | N/A | N/A |
| Franklin India Small Cap Fund | 281,284 | 0.82 | 113.43 | N/A | N/A | N/A |
| Edelweiss Mid Cap Fund | 218,091 | 0.7 | 87.95 | N/A | N/A | N/A |
| Mirae Asset Great Consumer Fund | 207,331 | 1.75 | 83.61 | 387,902 | 2025-12-07 09:46:39 | -46.55% |
| Aditya Birla Sun Life Midcap Fund | 207,229 | 1.33 | 83.57 | N/A | N/A | N/A |
| Aditya Birla Sun Life Small Cap Fund | 145,977 | 1.15 | 58.87 | 154,856 | 2025-12-08 06:36:54 | -5.73% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 116.85 | 158.87 | 46.03 | 17.60 | 106.81 |
| Diluted EPS (Rs.) | 116.85 | 158.87 | 46.03 | 17.60 | 106.81 |
| Cash EPS (Rs.) | 250.25 | 277.70 | 159.08 | 117.93 | 181.86 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1079.98 | 1001.82 | 854.64 | 814.92 | 825.59 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1079.98 | 1001.82 | 854.64 | 814.92 | 825.59 |
| Revenue From Operations / Share (Rs.) | 3267.70 | 2952.65 | 2797.25 | 2314.81 | 1881.24 |
| PBDIT / Share (Rs.) | 368.77 | 413.34 | 244.93 | 178.29 | 246.42 |
| PBIT / Share (Rs.) | 229.67 | 287.55 | 128.91 | 70.70 | 162.46 |
| PBT / Share (Rs.) | 153.67 | 206.65 | 60.80 | 16.35 | 110.65 |
| Net Profit / Share (Rs.) | 111.14 | 151.91 | 43.06 | 10.34 | 97.90 |
| NP After MI And SOA / Share (Rs.) | 116.85 | 158.88 | 46.02 | 17.60 | 106.81 |
| PBDIT Margin (%) | 11.28 | 13.99 | 8.75 | 7.70 | 13.09 |
| PBIT Margin (%) | 7.02 | 9.73 | 4.60 | 3.05 | 8.63 |
| PBT Margin (%) | 4.70 | 6.99 | 2.17 | 0.70 | 5.88 |
| Net Profit Margin (%) | 3.40 | 5.14 | 1.53 | 0.44 | 5.20 |
| NP After MI And SOA Margin (%) | 3.57 | 5.38 | 1.64 | 0.76 | 5.67 |
| Return on Networth / Equity (%) | 10.81 | 15.89 | 5.41 | 2.17 | 13.02 |
| Return on Capital Employeed (%) | 15.36 | 20.54 | 9.50 | 5.20 | 12.92 |
| Return On Assets (%) | 4.21 | 6.43 | 1.93 | 0.77 | 5.31 |
| Long Term Debt / Equity (X) | 0.21 | 0.23 | 0.41 | 0.52 | 0.40 |
| Total Debt / Equity (X) | 0.44 | 0.40 | 0.60 | 0.64 | 0.41 |
| Asset Turnover Ratio (%) | 1.25 | 1.22 | 1.21 | 0.00 | 0.99 |
| Current Ratio (X) | 0.66 | 0.63 | 0.64 | 0.72 | 0.73 |
| Quick Ratio (X) | 0.39 | 0.36 | 0.37 | 0.36 | 0.36 |
| Inventory Turnover Ratio (X) | 10.32 | 6.05 | 6.04 | 0.00 | 4.10 |
| Dividend Payout Ratio (NP) (%) | 25.67 | 7.55 | 6.52 | 102.26 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 11.72 | 4.21 | 1.85 | 14.37 | 0.00 |
| Earning Retention Ratio (%) | 74.33 | 92.45 | 93.48 | -2.26 | 0.00 |
| Cash Earning Retention Ratio (%) | 88.28 | 95.79 | 98.15 | 85.63 | 0.00 |
| Interest Coverage Ratio (X) | 5.37 | 6.21 | 4.09 | 3.48 | 5.68 |
| Interest Coverage Ratio (Post Tax) (X) | 2.72 | 3.50 | 1.86 | 1.26 | 3.45 |
| Enterprise Value (Cr.) | 13536.08 | 12411.06 | 7904.07 | 5853.14 | 7657.42 |
| EV / Net Operating Revenue (X) | 1.02 | 1.04 | 0.69 | 0.62 | 1.01 |
| EV / EBITDA (X) | 9.07 | 7.42 | 7.98 | 8.12 | 7.68 |
| MarketCap / Net Operating Revenue (X) | 0.88 | 0.90 | 0.51 | 0.40 | 0.82 |
| Retention Ratios (%) | 74.32 | 92.44 | 93.47 | -2.26 | 0.00 |
| Price / BV (X) | 2.67 | 2.68 | 1.71 | 1.15 | 1.90 |
| Price / Net Operating Revenue (X) | 0.88 | 0.90 | 0.51 | 0.40 | 0.82 |
| EarningsYield | 0.04 | 0.05 | 0.03 | 0.01 | 0.06 |
After reviewing the key financial ratios for CEAT Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.87 (Mar 24) to 116.85, marking a decrease of 42.02.
- For Diluted EPS (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.87 (Mar 24) to 116.85, marking a decrease of 42.02.
- For Cash EPS (Rs.), as of Mar 25, the value is 250.25. This value is within the healthy range. It has decreased from 277.70 (Mar 24) to 250.25, marking a decrease of 27.45.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,079.98. It has increased from 1,001.82 (Mar 24) to 1,079.98, marking an increase of 78.16.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,079.98. It has increased from 1,001.82 (Mar 24) to 1,079.98, marking an increase of 78.16.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 3,267.70. It has increased from 2,952.65 (Mar 24) to 3,267.70, marking an increase of 315.05.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 368.77. This value is within the healthy range. It has decreased from 413.34 (Mar 24) to 368.77, marking a decrease of 44.57.
- For PBIT / Share (Rs.), as of Mar 25, the value is 229.67. This value is within the healthy range. It has decreased from 287.55 (Mar 24) to 229.67, marking a decrease of 57.88.
- For PBT / Share (Rs.), as of Mar 25, the value is 153.67. This value is within the healthy range. It has decreased from 206.65 (Mar 24) to 153.67, marking a decrease of 52.98.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 111.14. This value is within the healthy range. It has decreased from 151.91 (Mar 24) to 111.14, marking a decrease of 40.77.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 116.85. This value is within the healthy range. It has decreased from 158.88 (Mar 24) to 116.85, marking a decrease of 42.03.
- For PBDIT Margin (%), as of Mar 25, the value is 11.28. This value is within the healthy range. It has decreased from 13.99 (Mar 24) to 11.28, marking a decrease of 2.71.
- For PBIT Margin (%), as of Mar 25, the value is 7.02. This value is below the healthy minimum of 10. It has decreased from 9.73 (Mar 24) to 7.02, marking a decrease of 2.71.
- For PBT Margin (%), as of Mar 25, the value is 4.70. This value is below the healthy minimum of 10. It has decreased from 6.99 (Mar 24) to 4.70, marking a decrease of 2.29.
- For Net Profit Margin (%), as of Mar 25, the value is 3.40. This value is below the healthy minimum of 5. It has decreased from 5.14 (Mar 24) to 3.40, marking a decrease of 1.74.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.57. This value is below the healthy minimum of 8. It has decreased from 5.38 (Mar 24) to 3.57, marking a decrease of 1.81.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.81. This value is below the healthy minimum of 15. It has decreased from 15.89 (Mar 24) to 10.81, marking a decrease of 5.08.
- For Return on Capital Employeed (%), as of Mar 25, the value is 15.36. This value is within the healthy range. It has decreased from 20.54 (Mar 24) to 15.36, marking a decrease of 5.18.
- For Return On Assets (%), as of Mar 25, the value is 4.21. This value is below the healthy minimum of 5. It has decreased from 6.43 (Mar 24) to 4.21, marking a decrease of 2.22.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.21. This value is within the healthy range. It has decreased from 0.23 (Mar 24) to 0.21, marking a decrease of 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.44. This value is within the healthy range. It has increased from 0.40 (Mar 24) to 0.44, marking an increase of 0.04.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.25. It has increased from 1.22 (Mar 24) to 1.25, marking an increase of 0.03.
- For Current Ratio (X), as of Mar 25, the value is 0.66. This value is below the healthy minimum of 1.5. It has increased from 0.63 (Mar 24) to 0.66, marking an increase of 0.03.
- For Quick Ratio (X), as of Mar 25, the value is 0.39. This value is below the healthy minimum of 1. It has increased from 0.36 (Mar 24) to 0.39, marking an increase of 0.03.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 10.32. This value exceeds the healthy maximum of 8. It has increased from 6.05 (Mar 24) to 10.32, marking an increase of 4.27.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 25.67. This value is within the healthy range. It has increased from 7.55 (Mar 24) to 25.67, marking an increase of 18.12.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 11.72. This value is below the healthy minimum of 20. It has increased from 4.21 (Mar 24) to 11.72, marking an increase of 7.51.
- For Earning Retention Ratio (%), as of Mar 25, the value is 74.33. This value exceeds the healthy maximum of 70. It has decreased from 92.45 (Mar 24) to 74.33, marking a decrease of 18.12.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 88.28. This value exceeds the healthy maximum of 70. It has decreased from 95.79 (Mar 24) to 88.28, marking a decrease of 7.51.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 5.37. This value is within the healthy range. It has decreased from 6.21 (Mar 24) to 5.37, marking a decrease of 0.84.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.72. This value is below the healthy minimum of 3. It has decreased from 3.50 (Mar 24) to 2.72, marking a decrease of 0.78.
- For Enterprise Value (Cr.), as of Mar 25, the value is 13,536.08. It has increased from 12,411.06 (Mar 24) to 13,536.08, marking an increase of 1,125.02.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has decreased from 1.04 (Mar 24) to 1.02, marking a decrease of 0.02.
- For EV / EBITDA (X), as of Mar 25, the value is 9.07. This value is within the healthy range. It has increased from 7.42 (Mar 24) to 9.07, marking an increase of 1.65.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.88. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.88, marking a decrease of 0.02.
- For Retention Ratios (%), as of Mar 25, the value is 74.32. This value exceeds the healthy maximum of 70. It has decreased from 92.44 (Mar 24) to 74.32, marking a decrease of 18.12.
- For Price / BV (X), as of Mar 25, the value is 2.67. This value is within the healthy range. It has decreased from 2.68 (Mar 24) to 2.67, marking a decrease of 0.01.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.88. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.88, marking a decrease of 0.02.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to 0.04, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in CEAT Ltd:
- Net Profit Margin: 3.4%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 15.36% (Industry Average ROCE: 12.44%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.81% (Industry Average ROE: 9.83%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.72
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.39
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 28.8 (Industry average Stock P/E: 48.43)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.44
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 3.4%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | 463, Dr. Annie Besant Road, Worli, Mumbai Maharashtra 400030 | investors@ceat.com http://www.ceat.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. H V Goenka | Chairman |
| Mr. Anant Vardhan Goenka | Vice Chairman |
| Mr. Arnab Banerjee | Managing Director & CEO |
| Mr. Paras K Chowdhary | Non Independent Director |
| Mr. Pierre E Cohade | Non Independent Director |
| Ms. Daisy Chittilapilly | Independent Director |
| Mr. Milind Sarwate | Independent Director |
| Ms. Sukanya Kripalu | Independent Director |
| Dr. Santrupt Misra | Independent Director |
FAQ
What is the intrinsic value of CEAT Ltd?
CEAT Ltd's intrinsic value (as of 14 December 2025) is 3096.73 which is 16.98% lower the current market price of 3,730.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 15,090 Cr. market cap, FY2025-2026 high/low of 4,438/2,322, reserves of ₹4,532 Cr, and liabilities of 13,102 Cr.
What is the Market Cap of CEAT Ltd?
The Market Cap of CEAT Ltd is 15,090 Cr..
What is the current Stock Price of CEAT Ltd as on 14 December 2025?
The current stock price of CEAT Ltd as on 14 December 2025 is 3,730.
What is the High / Low of CEAT Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of CEAT Ltd stocks is 4,438/2,322.
What is the Stock P/E of CEAT Ltd?
The Stock P/E of CEAT Ltd is 28.8.
What is the Book Value of CEAT Ltd?
The Book Value of CEAT Ltd is 1,130.
What is the Dividend Yield of CEAT Ltd?
The Dividend Yield of CEAT Ltd is 0.80 %.
What is the ROCE of CEAT Ltd?
The ROCE of CEAT Ltd is 15.4 %.
What is the ROE of CEAT Ltd?
The ROE of CEAT Ltd is 11.8 %.
What is the Face Value of CEAT Ltd?
The Face Value of CEAT Ltd is 10.0.